Retirement savings 'magic number' surges to new high for Americans
The "magic number" that Americans believe they need to retire comfortably has jumped to an all-time high, according to a new study by Northwestern Mutual.
$20 minimum wage goes into effect for California fast food workers
California passed legislation last fall that will require a $20 per hour minimum wage at most restaurants.
The 5 cheapest and 5 priciest states to buy a home in 2024, according to study
Aspiring homeowners need to earn a six-figure salary to afford a typical home in 22 states in 2024, according to a new analysis by Bankrate.
Houston home prices: Cities with fastest-growing prices in metro area
A list of cities with the fastest-growing home prices in the Houston-The Woodlands-Sugar Land, TX metro area.
$40 billion of COVID-19 aid unlocked to build affordable housing
Treasury is relaxing access to COVID-19 aid to build affordable housing and expand eligibility for homes.
With taxes due in 2 weeks, here's how to file a tax extension
The deadline to file your taxes is April 15, but if you don’t know if you’ll be ready in time, these are the steps to file a tax extension.
Final fourth quarter GDP revised upwards as consumer spending rises
The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.
High homeowners insurance rates scaring away Florida homebuyers, other states face the same issue
Florida has the highest homeowners insurance rates in the country, closely followed by Oklahoma, Mississippi and Texas.
More Americans using 401(k)to fight inflation
More Americans are tapping into their 401(k) to get by financially.
Why are food prices so high despite inflation falling?
Even if the cost of groceries declines, researchers say it's harder to notice decreasing food prices when the overall cost of living remains steep.
January home prices show steady annual gain, but month-to-month comparison tells another tale: Case-Shiller
Home prices nationwide now stand 6% above their level this time last year and up from a 5.6% rise last month, according to the latest S&P CoreLogic Case-Shiller Indices report.
US students want financial planning and other life skills education, survey finds
Nearly 1 in 5 recent U.S. graduates said they are the least confident in handling automotive maintenance, such as changing a tire or their oil, according to the survey.
401(k) hardship withdrawals increase as inflation stays high
A record number of Americans are dipping into their retirement savings accounts for financial emergencies amid ongoing high inflation.
How inflation of 10 items in Houston compares to the rest of the US
The past two years of inflation have hit home for all Americans, but it hasn't hit the same everywhere. In Houston, annual inflation was 3.5% in February, compared to 3.2% nationally.
Biden cancels another $6 billion in student loans, this time for public service workers
Workers like nurses and teachers are getting forgiveness through fixes to the Public Service Loan Forgiveness program.
Some student loan borrowers are getting refunds on top of loan forgiveness, here’s who qualifies
Borrowers enrolled in forgiveness programs that have paid for longer than necessary qualify for refunds.
Three reasons why egg prices are so high ahead of Easter
Egg prices are reaching near-historic highs globally as Easter and Passover approach, reflecting market turbulence driven by disease, high demand, and rising costs for farmers.
Visa, Mastercard agree to settlement over swipe fees with merchants
The settlement reached between U.S. merchants and Visa and Mastercard could potentially save consumers tens of billions of dollars.
Home listings are rising, but buyers aren’t buying due to high interest rates
Homeowners are eager to sell, despite make less in profits than they did in 2022.
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Consumers paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.